CFPB

70% of Complaints Filed With the CFPB Are About Credit or Consumer Reporting 

70% of Complaints Filed With the CFPB Are About Credit or Consumer Reporting 
70% of Complaints Filed With the CFPB Are About Credit or Consumer Reporting 
April 12, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) published its semi-annual report on April 6, detailing everything what the agency has done for most of the last year....

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CFPB Closes ‘Junk Fee’ Consultation With Credit Card Late Fees in Sight
CFPB Closes ‘Junk Fee’ Consultation With Credit Card Late Fees in Sight
April 11, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is closing today, Monday 11, its deadline to submit comments on its public consultation on “junk fees” after receiving...

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TechREG Weekly: Countries Are Luring Crypto Firms With Friendly Regulation
TechREG Weekly: Countries Are Luring Crypto Firms With Friendly Regulation
April 08, 2022  |  Legal & Regulation

Regulators are luring crypto firms with crypto-friendly regulations, or at least, they are trying to do so. The U.K. government announced new plans to bring...

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Banks Rewrite Revenue Playbook as Overdraft Fees Slide
Banks Rewrite Revenue Playbook as Overdraft Fees Slide
April 07, 2022  |  Banking

For banks, overdraft fees and at least a few other revenue streams are shrinking, even disappearing in many cases. Get the Full Story Complete the...

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CFPB: Payday Borrowers Are Missing Out on Extended Payment Plans
CFPB: Payday Borrowers Are Missing Out on Extended Payment Plans
April 06, 2022  |  Alternative Credit

The Consumer Financial Protection Bureau (CFPB) on Wednesday (April 6) reported that most payday loan borrowers haven’t benefitted from extended payment plans, which lenders must...

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21 Attorneys General Urged CFPB to Regulate BNPL
21 Attorneys General Urged CFPB to Regulate BNPL
April 06, 2022  |  CFPB

On March 25, the Consumer Financial Protection Bureau (CFPB) closed its request for comments regarding the inquiry on buy now, pay later (BNPL) that it...

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CFPB Report Shows Credit Card Late Fees Declining, Below Set Limits
CFPB Report Shows Credit Card Late Fees Declining, Below Set Limits
April 01, 2022  |  CFPB

The Consumer Financial Protection Bureau published on March 29 a report on credit card late fees where the regulator provided data about the amount of...

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Edfinancial Lied About Student Loans, CFPB Says
Edfinancial Lied About Student Loans, CFPB Says
March 30, 2022  |  CFPB

Student loan servicer Edfinancial Services lied to borrowers about their forgiveness and repayment options, the Consumer Financial Protection Bureau said Wednesday (March 30). Get the...

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